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Off market
  • $4,618,571

    827 Warfield Ave, Oakland, CA 94610

    --beds
    0baths
    8,994sqft
    Other
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $514/sqft
    $2,389 Estimated rent

    Owner options

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    $2,389/mo

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    $2,389/mo

    Rent Zestimate®

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    $28,756/mo

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    $28,756/mo

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    What's special

    **Offers due at 5PM on July 15th** The Grant Chapppell Team is pleased to present 827 Warfield Avenue, a twelve unit multifamily property located in the Grand Lake neighborhood. The property consists of ten 1-bedroom apartments; one large 1-bedroom apartment with formal living and dining rooms; and one studio apartment. A full seismic retrofit was completed on the property along with recent unit turnovers. The property also features a partially remodeled ADU in the rear that can be rented for additional income. The upper units boast views of the surrounding hills and Lake Merritt. Due to below-market rents on a majority of the units, a new owner can expect higher rents on turnover.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Wall
    Cooling
    • Central
    Features
    • Flooring: Tile, Other, Hardwood, Laminate
    • Basement: Finished, Unfinished, Partial, Storage Space, Apartment, Separate Entry
    Interior area
    • Total interior livable area: 8,994 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Features
    • Exterior features: Other, Stucco
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 5,000 sqft
    • Features: Regular
    Details
    • Parcel number: 1184211
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Condition
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Oakland

    HOA & financial

    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Tile, Laminate, Hardwood, Other
    • Basement: Finished, Unfinished, Partial, Storage Space, Apartment, Separate Entry
    • Roof: Unknown
    • CarportYN: true
    • HeatingYN: true
    • TenantPays: Cable TV, Electricity, Gas, Other
    • NumberOfUnitsTotal: 12
    • ConstructionMaterials: Stucco
    • LeaseTerm: 12 Months, Month To Month
    • PropertySubType: Other
    • ParkingFeatures: Off Street, Carport - 2 Or More
    • ExteriorFeatures: Other
    • Heating: Wall Furnace
    • OtherEquipment: Other
    • TotalActualRent: 0
    • MaintenanceExpense: 9000
    • LotFeatures: Regular
    • ExistingLeaseType: Security Deposit, Written Agreement
    • Cooling: No Air Conditioning
    • MlsStatus: Pending
    • GrossIncome: 305334
    • GrossScheduledIncome: 382800
    • InsuranceExpense: 5693
    • NetOperatingIncome: 253364
    • OperatingExpense: 116078
    • ProfessionalManagementExpense: 13376
    • VacancyAllowance: 9160